Revenue Recognition Senior Specialist

 We help the world run better

At SAP, we enable you to bring out your best. Our company culture is focused on collaboration and a shared passion to help the world run better. How? We focus every day on building the foundation for tomorrow and creating a workplace that embraces differences, values flexibility, and is aligned to our purpose-driven and future-focused work. We offer a highly collaborative, caring team environment with a strong focus on learning and development, recognition for your individual contributions, and a variety of benefit options for you to choose from.

 

What you'll do

We are seeking a detail-oriented and proactive Revenue Recognition Specialist to join our team. This role is crucial for ensuring compliance with SAP Group revenue recognition policies and internal accounting standards while supporting the field in structuring commercial proposals and contractual documents.

The ideal candidate will have strong communication skills and the ability to collaborate effectively across departments, acting as a key business partner, providing revenue recognition guidance and advice to the Field and Business teams.

 

Expectations and Tasks:

• Support the sales and finance teams in structuring commercial proposals and contractual documents, especially during quarter-end periods.
• Enforce compliance with SAP Group revenue recognition policies and internal accounting standards.
• Actively communicate and collaborate with field teams and other finance departments to align on revenue recognition issues, ensuring revenue forecast accuracy.
• Review and approve "Deal Approval Requests" that summarize the terms and conditions of commercial proposals and contracts before they are submitted to customers.
• Coordinate with the Regional revenue recognition team and SAP Corporate functions as necessary to ensure alignment and compliance.
• Review cloud, software and maintenance contracts to ensure accurate accounting of transactions, focusing on allocation of revenue across various categories and timing of recognition.
• Prepare accounting memorandums for complex and significant transactions as required.
• Identify month-end revenue adjustments and ensure proper revenue accounting using internal revenue accounting tools.
• Stay up-to-date with revenue recognition policies and regulations as laid out by SAP Corporate.
• Spread appropriate basic knowledge of revenue recognition matters to the business and other Deal Support functions.

 

What you bring

• The role requires the candidate to be fluent in English
• Bachelor’s degree in Finance, Accounting, Business, or a related field; advanced degree preferred.
• Proven experience in revenue recognition or a finance-related role, preferably in a corporate environment.
• Experience with one of the big audit firms is an advantage
• Experience in software revenue recognition and knowledge of SAP systems and processes is a strong plus
• Strong understanding of IFRS15 accounting rules, specifically regarding cloud and software
• Knowledge of basic legal concepts
• Ability to interact and communicate with various stakeholders (sales, operations, finance community, auditors, etc.)
• Strong communication skills, ability to articulate point of view in a clear and assertive fashion
• Strong analytical skills and attention to detail.

 

Meet your team

• The Senior Revenue Recognition Specialist will report directly to the Regional Revenue Recognition Manager and will have a strong dotted line into the local Chief Finance Officer of the Market Unit. The role is part of the larger Global Commercial Finance Organization.

What you can expect is professional onboarding, exciting career progression,